Form 4: RTX Executive DaSilva Reports RSU Vesting & Tax Withholding
Insider Transaction Report
RTX Corporate VP and Treasurer Kevin G. DaSilva reported the vesting of restricted stock units and subsequent share disposition for tax obligations.
Summary
- Kevin G. DaSilva, Corporate VP and Treasurer of RTX Corp, reported transactions related to his beneficial ownership of company securities.
- On October 1, 2025, 185 restricted stock units (RSUs) awarded on February 8, 2024, vested, converting into 185 shares of common stock.
- Also on October 1, 2025, 166 restricted stock units (RSUs) awarded on February 8, 2023, vested, converting into 166 shares of common stock.
- A total of 351 shares of common stock were disposed of at a price of $167.2 per share to satisfy federal tax obligations arising from the RSU vesting.
- Following these transactions, DaSilva directly beneficially owns 30,004 shares of common stock and indirectly owns 81 shares through a savings plan.
- He also directly beneficially owns 11,951 and 11,766 restricted stock units, totaling 23,717 RSUs.
Sentiment
Score: 6
Explanation: The filing reports routine executive compensation events (RSU vesting and tax withholding). It's neutral to slightly positive as it shows an executive's continued equity stake, but doesn't indicate new strategic moves or significant financial performance changes.
Positives
- Vesting of restricted stock units indicates continued long-term incentive compensation for a key executive.
- The executive maintains a significant direct beneficial ownership of 30,004 common shares and 23,717 restricted stock units, aligning his interests with shareholders.
Negatives
- A disposition of 351 shares occurred, though this was for tax withholding purposes and not a discretionary sale.
Future Outlook
The filing does not contain forward-looking statements or guidance, as it is a report of past insider transactions.
Management Comments
- The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 and/or Rule 144 under the Securities Act of 1933.
Industry Context
This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitors. It reflects standard executive compensation practices involving restricted stock units.
Comparison to Industry Standards
- The RSU vesting and subsequent tax-related disposition are standard practices for executive compensation in publicly traded companies across various industries.
- The share price of $167.2 for RTX Corp is specific to the company and not directly comparable to other companies' share prices without further context on their market capitalization and business models. No specific comparable companies or projects are mentioned in the filing.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Kevin G. DaSilva granted a Power of Attorney to five individuals to execute and file SEC reports (Forms 3, 4, 5, and 144) on his behalf, effective September 17, 2025. This replaces any prior Power of Attorney. | 2025-09-17 | Streamlines the process for filing required insider transaction reports for the executive, ensuring timely compliance with SEC regulations. |
Stakeholder Impact
- Shareholders: The filing indicates an executive's continued alignment with shareholder interests through equity ownership, as RSU vesting is a standard component of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 2023-02-08 | Original award date for 166 restricted stock units. |
| 2024-02-08 | Original award date for 185 restricted stock units. |
| 2025-09-17 | Execution date of Power of Attorney by Kevin G. DaSilva. |
| 2025-10-01 | Date of RSU vesting and related common stock transactions. |
| 2025-10-03 | Signature date of the Form 4 filing by Attorney-in-Fact. |
Recommendation
holdThis Form 4 filing details routine RSU vesting and tax-related share disposition by an executive. It does not contain information that would fundamentally alter the investment thesis for RTX Corp, nor does it signal significant operational or financial changes. Therefore, a 'hold' recommendation is appropriate as the filing provides no new material information to warrant a change in investment position.
Keywords
RTX Corp, RTX, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Kevin G. DaSilva, Share Ownership, Tax Withholding
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